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Strategies & Market Trends : Secret Squirrel & the Moon -- Ignore unavailable to you. Want to Upgrade?


To: Qone0 who wrote (97)1/25/1999 10:49:00 PM
From: Lawrence Burg  Read Replies (1) | Respond to of 150
 
I've read a few articles lately about top concerns for CIOs. The first two always seem to be data warehousing and intranets. NETM does intranet.

My Dad bought some around $18 a few years ago based on their prospects at that time being touted by a number of securites & industry "experts". NETM is still kicking, so I guess some of it is bottom fishing based on their survival.

The TA is improving by my judgement, with nuetral pressure building on things like the Bollinger Bands. Overall trends are looking positive, so I saw any breakout coming to the upside.

I caught some recent (24th) posts from DougR and friends on the 56 thread lauding NETM's technical aspects also.

Finally, I was lucky enough to be home to watch the behavior on L2. I saw a little bubble up from recent trading ranges and jumped in w/2 feet.

I missed a quick trade on the inital pop to 2 1/2 today while I was gloating over my great timing, but other than that, I'm kinda proud on my move. The behavior at the close suggests a pop up in the AM.
I plan to set a stop loss somewhere around $3 after the music stops on Wednesday; I think I just glanced that earnings are due out after tomorrow's closing bell.

Didn't grab any CMOZ, but I 'll try to look. Also, I'll try to check WLGS...though my reply to you may come kinda late...:o)